Housing market is softening

English - December 02, 2022 03:00 - 13 minutes - 18.6 MB - ★★★★★ - 13 ratings
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Today on the Southern California Real Estate Report we talk about how San Diego home prices are dipping and it shows a softening of the market.

Lack of consumer confidence and high interest rates are among the biggest culprits.

But the number of homes for sale in San Diego is decreasing, which is putting the market at a standstill.

Homeowners have little incentive to sell if they have locked in a low mortgage rate.

Referenced article below:

https://www.sandiegouniontribune.com/business/story/2022-11-29/san-diego-home-price